Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Gunsynd ( (GB:GUN) ) has issued an announcement.
Gunsynd PLC announced that its investee company, Omega Oil and Gas, is set to begin a fracture stimulation program for its Canyon-1H well on March 2, 2025. This program aims to demonstrate potentially commercial flow rates from the Canyon Sandstone, with testing expected to last 5-7 days followed by a 30-day flow test. Gunsynd had previously invested in Omega by purchasing shares during its IPO fundraising.
More about Gunsynd
Gunsynd PLC is a company that invests in various sectors, including energy and resources. It has a stake in Omega Oil and Gas Limited, an Australian company focused on natural gas exploration and oil production.
YTD Price Performance: 10.0%
Average Trading Volume: 3,349,701
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.26M
Learn more about GUN stock on TipRanks’ Stock Analysis page.